An entrepreneurial culture consists of a group suppressing individual interests to achieve group success, as this will advance their own interests. Key aspects of an entrepreneurial culture include being people-focused, valuing innovation and change, attention to basics, hands-on management, integrity, freedom to grow and fail, commitment, and emphasis on the future. Ways to foster an entrepreneurial culture include increasing awareness of opportunities, intensifying enterprise education, establishing role models, and incentivizing business succession and training.
2. • “An entrepreneurial culture consists
of a group of individuals who have
suppressed individual interests in an
effort to achieve group success
because group success will advance
their individual interests."
3. Basic beliefs and assumptions about the
company
Emotional aspect
Reflect history
Inherently symbolic
Fuzzy
Substance and Form
4. People and empowerment focused
Value creation through innovation and change
Attention to the basics
Hands-on management
Doing the right thing
Freedom to grow and to fail
Commitment and personal responsibility
Emphasis on the future
5. People and empowerment focused
Value creation through innovation and change
Attention to the basics
Hands-on management
Doing the right thing
Freedom to grow and to fail
Commitment and personal responsibility
Emphasis on the future and a sense of urgency
8. Increase awareness of entrepreneurial opportunities.
Intensify enterprise education and awareness
campaigns.
Create identifiable role models and champions.
Establish mentor and patron panels.
Incentives and support for business succession.
Create incentives for SMEs to take apprentices.
Enhance intrapreneurship.